OY Pohjolan Liikenne ab to acquire the Rest of SP Transit Finland ltd Oy

13-03-2008

OY Pohjolan Liikenne ab to acquire the Rest of SP Transit Finland ltd Oy.
In autumn 2006 OY Pohjolan Liikenne Ab acquired 50% of the shares of SP Transit Finland Ltd Oy from Kuljetusliike K. Jokinen Oy.
The deal included an option to purchase the remaining 50% of the shares within five years.
The deed of purchase was signed on 26 February 2008. The final deal was concluded earlier than originally planned, as SP Transit’s favorable development and expansion on schedule convinced Oy Pohjolan Liikenne Ab.
The deal will support the growth strategy of the logistics group of the Pohjolan Liikenne companies and provide SP Transit with sufficient resources for growth in the future.

Following a change of ownership, SP Transit has changed its name to Transpoint International.
Transpoint International is a Pohjolan Liikenne company, part of the VR Group. The VR Group consists of:
- 28 companies,
- together employing around 12,600 people,
- Over 500 transport units,
- Over 100 000
- terminal network covers Finland, Russia, Estonia, Latvia, Lithuania, Poland, the Czech Republic, Slovakia and the UK,
- Daily connections to Eastern Europe and Russia,
- Broad partner network
- Temperature-regulated deliveries,
- Safe and reliable ADR transports,
- Every day from door to door,
- Integrated IT services,
- Customs clearance and Intrastat.

"We believe a comprehensive service range, competitive prices and cutting edge IT solutions are only the beginning. To us, full service means taking genuine care of the customer, and maintaining a solid partnership. This is what puts us one step ahead in international competition. You are important to us!"

More info you can get at: www.sptransit.com www.transpoint.eu www.varasto.pl

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